Risk factor
Critical default risk
Profitability factor
Solid dividends
About
Resimac Group Limited, a non-bank financial institution, provides residential mortgage and asset finance lending solutions in Australia and New Zealand. The company operates in two segments, Australian Lending Business and New Zealand Lending Business. It offers prime and specialist lending products; SME/commercial finance products; and home and car loans. The company also provides mortgage originator,...
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is underpriced on P/E. Editor's note:
Target Price
The average target price of RMC.AX is 1.2 and suggests 24% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre
